From 2013: --JPMorgan Chase, Barclays, Credit Suisse, and 10 - TopicsExpress



          

From 2013: --JPMorgan Chase, Barclays, Credit Suisse, and 10 other world’s biggest international lenders are being sued by a US regulator for causing millions of losses to credit unions by allegedly manipulating the Libor benchmark rate. Five credit unions were forced to close after they received less interest income than they were entitled to because of the manipulated Libor rates, according to the statement released on Monday by the National Credit Union Associations (NCUA). The complaint was filed in Kansas in a US District Court, Reuters reports.
Posted on: Fri, 28 Nov 2014 09:31:22 +0000

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